Reuters logo
Canada home resales fall in April as market cooling begins -CREA
May 15, 2017 / 1:10 PM / 7 months ago

Canada home resales fall in April as market cooling begins -CREA

OTTAWA, May 15 (Reuters) - Resales of Canadian homes fell 1.7 percent in April from record highs in March as new listings spiked, the Canadian Real Estate Association said on Monday in a report that suggested a long-awaited slowdown in housing has begun.

The industry group said actual sales, not seasonally adjusted, were down 7.5 percent from April 2016, while home prices were up 19.8 percent from a year ago, according to the group’s home price index. (Reporting by Andrea Hopkins in Ottawa and Fergal Smith in Toronto Editing by W Simon)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below